[B]DAILY AUD/USD OUTLOOK[/B] - 1.0420
03 Feb 2013 22:53GMT…
Despite Fri’s resumption of aud’s erratic fall fm Jan’s near 4-month peak at 1.0599 to 1.0361, sub sequent bounce to 1.0425 in NY suggests consolidation with initial upside bias wud be seen but res at 1.0477 wud hold n yield decline.
Turn long on dips for 1.0465 or sell if A$ rises there 1st for 1.0390. Below 1.0361, 1.0345 (Dec).
[B]STRATEGY[/B] : 1. Buy at 1.0390 or 2.Sell at 1.0465
[B]OBJECTIVE[/B] : 1)1.0465 or 2)1.0390
[B]STOP-LOSS[/B] : 35 points
[B]RES[/B] : 1.0452/1.0477/1.0508
[B]SUP[/B] : 1.0380/1.0361/1.0345
…………………………………………………………….
[B]DAILY NZD/USD OUTLOOK[/B] - 0.8453
03 Feb 2013 23:28GMT…
Euro’s present breach of Dec’s 0.8477 high to a fresh 16-month peak at 0.8493 signals MT upmove fm
0.7371 (2011 low) has resumed, 0.8504/10.
Buy on dips with stop as indicated, below wud signal a temp. top has been made, risk 0.8344.
[B]STRATEGY[/B] : Buy at 0.8430
[B]OBJECTIVE[/B] : 0.8505
[B]STOP-LOSS[/B] : 0.8395
[B]RES[/B] : 0.8504/0.8572
[B]SUP[/B] : 0.8398/0.8344/0.8281